Russia sees sharp rise in gold manufacturing

In January 2026, Russia increased its gold output—unprocessed, semi-processed, or powdered—by over a third compared with the same period last year, according to the Russian Federal State Statistics Service’s monthly report on the country’s socio-economic situation.

The comparative tables in the report show that gold production in Russia rose 36% year-on-year, while silver output fell 40.6%, per Russian media.

Compared with December 2025, January production was down 56.4% for gold and 67.7% for silver.

Production of gold-containing concentrates also saw growth, rising 7.4% year-on-year and 3.2% compared with December.

By Jeyhun Aghazada